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    2882 Sandalwood Dr New Albany, IN 47150

    Picture of Land at Sandalwood Dr 2882, New Albany, IN
    For Sale
    $79,900

    Cross Property - New Albany, IN

    Lot size:
    0.24 Acres
    Days on Market:
    80
    Last Refresh:
    Dec 6 at 5:06 am

    Property Features for 2882 Sandalwood Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    220508600264000007
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Expense value
    225
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Schuler Bauer Real Estate Services (812) 948-2888 [email protected]

    Listing agent David B Bauer (812) 948-2888

    Listing date Sep 18, 2025

    MLS# 2025011161 Listing URL

    Copyright © 2025 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot in Established Neighborhood

    This residential lot is located in an established and highly sought-after neighborhood. The 0.24-acre homesite is ready to build on, offering the opportunity to design a custom home. The location provides convenient access to shopping, top-rated schools, restaurants, parks, and the interstate. This property is located in New Albany, Indiana, with a postal code of 47150, in Floyd County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Floyd
    State
    Indiana
    Longitude
    -85.776344
    Latitude
    38.36046

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    FAQs

    What type of property is this?
    Land - Ready-to-build lot in a sought-after New Albany neighborhood.
    Where is this land located?
    The property is located at 2882 Sandalwood Dr New Albany, IN.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: - Ready-to-build homesite in a highly sought-after, established neighborhood.; - Spacious lot offering a canvas for a custom dream home.; - Bring your own builder for complete design freedom.
    (812) 948-2888
    Request Owner's contact information
    2882 Sandalwood Dr New Albany, IN 47150
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    New Albany, IN 47150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2882 Sandalwood Dr New Albany, IN 47150
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